Market Live Updates Today: Trends on SGX Nifty indicate a positive opening for the index in India with 63 points gain
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Asian stocks set to track US gains on Wednesday, as falling bond yields eased concerns about surging inflation, although focus will shift to Chinese markets amid worries about policy tightening in the world's second-largest economy.
US stocks rallied on Tuesday, with the Nasdaq gaining about 4% to recoup heavy losses from the previous session as US bond yields retreated and investors scooped up battered technology stocks.
Live Updates
- 10 March 2021 2:28 PM IST
Glance beats Instagram to be among top content consumption platforms along with Facebook, YouTube
In India, a partnership with Reliance can potentially provide Instagram the capability to create an end-to-end play, across consumer-facing and supply side elements of building a commerce platform, the report added.
- 10 March 2021 2:28 PM IST
Bitcoin breaks $55,000 as interest from institutional investors stirs appetite
The interest comes primarily from institutional investors as they hope that stimulus checks from the Biden administration will pump financial markets and lift cryptocurrencies
- 10 March 2021 2:28 PM IST
Public Cloud Services Spending in Asia-Pacific rose 38% to $ 36.4 billion in 2020
STRAP: China is said to be the largest market for public cloud services in 2020 in Asia/Pacific, followed by Australia and India. The overall growth is estimated to reach US$ 48 billion by 2021.
- 10 March 2021 2:27 PM IST
IPL's brand value falls first time in 7 years, franchises also see drop in value
The IPL franchises saw a dip in value with Mahendra Singh Dhoni-led Chennai Super Kings seeing a sharp fall in value by 16.5 percent from Rs 732 crore in 2019 to Rs 611 crore in 2020.
- 10 March 2021 2:26 PM IST
Metal sector on investors' radar
The recent rally in some steel stocks has raised the concerns of peak valuations, but brokerages find it in line with their long-term historic mean.
- 10 March 2021 2:25 PM IST
Indian Energy Exchange shares rise nearly 4% on divestment in Indian Gas Exchange
The share touched a 52-week high of Rs 322.85 and a 52-week low of Rs 111.05 on 11 February 2021 and 23 March 2020, respectively.
- 10 March 2021 9:16 AM IST
4 stocks under F&O ban on NSE
Bank of Baroda, Punjab National Bank, SAIL and Sun TV Network are under the F&O ban for March 10. Securities in the ban period under the F&O segment include companies in which the security has crossed 95 percent of the market-wide position limit.
- 10 March 2021 9:15 AM IST
FII and DII data
Foreign institutional investors (FIIs) net bought shares worth Rs 2,801.87 crore, while domestic institutional investors (DIIs) net acquired shares worth Rs 1,250.22 crore in the Indian equity market on March 9, as per provisional data available on the NSE.
- 10 March 2021 9:15 AM IST
Life insurance companies see 21% rise in new business premium to Rs 22,425 crore in February
Life insurance companies registered a 21 percent rise in new business premium to Rs 22,425.21 crore in February 2021, according to data from insurance regulator IRDAI. The 24 life insurance companies in the country had their collective new business premium of Rs 18,533.19 crore in the same month a year ago.
Among these, the country’s largest and the only state-run insurer LIC posted a 24.18 percent jump in new premium income at Rs 12,920.57 crore during the reported month, against Rs 10,404.68 crore in the year-ago month, showed the data from the Insurance Regulatory and Development Authority of India (IRDAI).
- 10 March 2021 9:14 AM IST
Paras Defence and Space Technologies files DRHP with Sebi for IPO
Mumbai-based Paras Defence and Space Technologies has filed draft red herring prospectus with the capital market regulator for its initial public offering (IPO).
The public issue will comprise a fresh issue of Rs 120 crore and an offer for sale of 17,24,490 equity shares by promoter and individual selling shareholders.
